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Synopsys, Inc. Securities Fraud Class Action Result of Financial Issues and +34% Stock Decline - Investors may Contact Lewis Kahn, Esq, @ KSF
SynopsysSynopsys(US:SNPS) Prnewswireยท2025-11-22 03:19

Core Points - A securities class action lawsuit has been filed against Synopsys, Inc. for failing to disclose material information during the class period from December 4, 2024, to September 9, 2025 [3][4] - Investors who suffered substantial losses have until December 30, 2025, to file lead plaintiff applications [1][2] Financial Performance - Synopsys reported 3Q2025 revenue of $1.740 billion, which was below the guidance range of $1.755 billion to $1.785 billion [4] - The company's net income for 3Q2025 was $242.5 million, representing a 43% decline from $425.9 million in 3Q2024 [4] - The Design IP segment contributed approximately 25% of total revenue, amounting to $426.6 million, a 7.7% year-over-year decline [4] - Guidance indicated that Design IP revenues are expected to decline by at least 5% for the full fiscal year 2025 [4] Stock Market Reaction - Following the financial results announcement, Synopsys' share price dropped by $216.59, or 35.8%, closing at $387.78 per share on September 10, 2025 [5]